Hong Kong Ordinances

BILLS OF EXCHANGE ORDINANCE - SECT 26

Person signing as agent or in representative capacity

(1) Where a person signs a bill as drawer, indorser, or acceptor, and adds
words to his signature, indicating that he signs for or on behalf of a
principal or in a representative character, he is not personally liable
thereon; but, subject to section 26A, the mere addition to his signature of
words describing him as an agent, or as filling a representative character,
does not exempt him from personal liability. (Amended 16 of 1983 s. 2)

(2) In determining whether a signature on a bill is that of the principal or
that of the agent by whose hand it is written, the construction most
favourable to the validity of the instrument shall be adopted. [cf. 1882 c. 61
s. 26 U.K.]